Memecoin Market Slumps to $35.4 Billion Amid Token Gains

The memecoin market has declined to approximately $35.4 billion despite significant increases in some launched tokens.

The sector's main assets remain stable or decline, and these performances often rely on low liquidity.

PUMP stands out due to the revenue and token buybacks carried out by Pump.fun, which have provided support that most memecoins do not have.

However, this programmed demand does not neutralize profit-taking or the general market slowdown, and extreme increases often hide a liquidity problem.